#NFT领域强势上扬 Wednesday morning observation:

Continuing from the early morning assessment, the rhythm today is likely to be a rise followed by a drop.

Last night, Bitcoin touched 107,500 and began to drop, plunging all the way down to 102,400 before stabilizing. Now it is hovering around the 103,000 mark with reduced volume, feeling like it's holding back, waiting for an explosion.

The 4-hour chart has continuously closed in the red, but the Bollinger Bands have not fully opened yet. The KDJ indicator has already dropped into the oversold area and is just lying there. After a rapid drop to 5000, the selling pressure has basically exhausted, and a retaliatory rebound could happen at any time.

So the plan for the morning session is to do this:

Step 1: Build long positions in batches in the range of 102500 to 103000, set the stop loss at 101800, and target 105000-106000 to profit from the correction of this wave of panic emotions.

Step 2: If it rebounds to around 106000 and fails to break through twice in a row, or if there are signals such as long upper shadows and volume divergence, immediately reverse and short, with a stop loss of 500 points. The support below is seen at 104000-103000, and in extreme cases, it may dip below 102000.

Strategy Summary: First, take the positions of the long panic sellers, then reverse and harvest at the rebound high points. $BTC $MMT $ZEC